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Renewable Energy European Union

Vinson & Elkins LLP

Charting the Course for Low-Carbon Hydrogen Trade

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By 2050, the cost of producing low-carbon hydrogen is expected to be five times higher in the most expensive regions than the least expensive regions, according to the Hydrogen Council. This significant cost gap will require...more

Eversheds Sutherland (US) LLP

Global ESG Insights - May 2024

Welcome to the latest edition of our monthly ESG Insights providing you with a summary of the key developments from around the world. Global - IFRS Foundation releases jurisdictional adoption guide for ISSB Standards- On...more

White & Case LLP

The European Hydrogen and Decarbonized Gas Market Package

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On 21 May 2024, the Council of the EU adopted the Hydrogen and Decarbonized Gas Market Package. It aims to shift the gas system to low-carbon and renewable gases, and provides for the highly anticipated framework on dedicated...more

White & Case LLP

Battery storage M&A powers into 2024

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Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global energy...more

McDermott Will & Emery

Solar package I: Overview of the Main New Solar Regulation in Germany

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The waiting has come to an end: after the German Federal Government adopted the first draft of the Solar Package I in August 2023 and a small selected part of Solar Package I already entered into force in December 2023, the...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - March 2024 - #2

Greenwashing Beef Production - On February 28, New York State Attorney General (NYAG) Letitia James filed a lawsuit with the New York Supreme Court against meat processing company JBS USA for misleading the public about its...more

Foley Hoag LLP - Energy & Climate Counsel

EU Advances First-in-Kind Carbon Removal Certification Framework

On February 20, 2024, the European Union (EU) announced a provisional political agreement to establish an EU-wide framework for voluntary certification of carbon dioxide removal (CDR) projects. This announcement, which marks...more

Vinson & Elkins LLP

Q1 2024 Sustainable Debt Finance: Trends and Opportunities in an Area of Accelerated Growth

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While 2022 showed that the sustainable debt market is not impervious to overall economic slow-down (particularly in the capital markets), 2023 demonstrated its resiliency, even in a high-interest rate market. Notwithstanding...more

Mayer Brown

Europe Daily News, 07 March 2024

Mayer Brown on

COMPETITION - -Non-opposition to a notified concentration (Case M.11385 - Permira / Blackstone / Adevinta) -Non-opposition to a notified concentration (Case M.11381 - Allianz / Pimco / Silver Point / Incora...more

Paul Hastings LLP

SEC Issues Final Rule on Climate Disclosures

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In an open meeting on Wednesday, March 6, 2024, the Securities and Exchange Commission (“SEC”) approved in a 3-2 vote a Final Rule on climate disclosures that will “require registrants to provide certain climate-related...more

A&O Shearman

10 lessons in sustainability regulation

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Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

King & Spalding

EU Regulations Restricting Imports of Renewable Natural Gas and Green Hydrogen Derivative Products

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The European Commission (EC) is in the process of implementing its “Union database” (UDB) to track all renewable gases and liquid fuels. Gases and fuels, whether produced in the EU or imported, will need to be registered in...more

Proskauer - Minding Your Business

Exodus From The Energy Charter Treaty – What is Left of Europe’s Protections for Investors?

As of January 2024, France, Germany and Poland have officially withdrawn from the Energy Charter Treaty (ECT). Their decision to withdraw from the treaty follows a recent European Commission proposal for a mass exodus from...more

A&O Shearman

Takeaways from Treasury's proposed regulations on U.S. tax credits for clean hydrogen production

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The U.S. Treasury Department (Treasury) and the Internal Revenue Service (the IRS) issued proposed regulations on December 22, 2023, providing initial guidance on the clean hydrogen tax credit under section 45V (the 45V...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - December 2023

This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past three weeks and forthcoming climate-related events and hearings...more

Vinson & Elkins LLP

“Transitioning Away” – Vinson & Elkins Examines Key Outcomes Agreed at COP28 and the First Global Stocktake

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The 28th Conference of the Parties (or “COP28”) to the UN Framework Convention on Climate Change (“UNFCCC”) at Expo City in Dubai has ended with an agreement described by COP28 president Dr Sultan Ahmed Al Jaber as “historic”...more

Akin Gump Strauss Hauer & Feld LLP

COP28 – December 9-10, 2023 Recap

COP28 President Sultan Al-Jaber convened a small group discussion on Sunday to discuss outstanding issues on adaptation and equitable transitions ahead of updated draft texts. A new round of draft texts is expected on Monday...more

A&O Shearman

Private capital's place in the Middle East energy transition

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Ambitious plans for renewable energy projects will create long-term opportunities for private funds and sovereign investors in the region, say Ben Ward and Kamar Jaffer. They explore the trends in private markets and what...more

Hogan Lovells

Actualités Législatives et Réglementaires – Octobre 2023

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Le bureau Parisien de Hogan Lovells a le plaisir de vous adresser sa lettre d'information mensuelle qui vous présente les Actualités législatives et réglementaires du mois d'octobre 2023.  Ces Actualités législatives et...more

K&L Gates LLP

November 2023 ESG Policy Update – Australia

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Australian Update - Draft Reporting Standards for Australian Climate-Related Disclosures - As previously reported by K&L Gates, the Australian Accounting Standards Board released its exposure draft of the Australian...more

Vinson & Elkins LLP

Shaping the Future: Unraveling the Impact of COP27 and Anticipating the Path Forward at COP28

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In an historic turn of events at the 27th annual conference of the parties (or COP) to the UN Framework Convention on Climate Change (UNFCCC) hosted by Egypt in November 2022, nations rallied to address the realities of...more

Vinson & Elkins LLP

Antitrust Issues in Renewable Energy - November 2023

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Participants in the renewable energy industry should be aware of antitrust and competition rules because renewable energy is no longer a nascent field. Europe generated almost 40% of its electricity from renewable sources in...more

Cadwalader, Wickersham & Taft LLP

Sustainable Business Group Urges EU to Cut GHG Emissions 90% by 2040

On September 5, 2023, the Corporate Leaders Group Europe (CLG Europe) published a position paper urging the European Union to cut its greenhouse gas (GHG) emissions by at least 90% by 2040, and asked EU member states to...more

Latham & Watkins LLP

Infrastructure Insights - October 2023

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EU Court Ruled on FDI Screening Limits - Implications for Investors - The Court of Justice of the European Union’s first decision on foreign direct investment (FDI) screening limits the scope of the EU FDI Screening...more

J.S. Held

Green Deal or No Green Deal: Navigating Europe’s Renewable Energy Goals

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Whilst the United Kingdom (UK) no longer forms part of the European Union (EU), it remains part of Europe and still adopts common policies that were previously put in place. In fact, the UK energy sector is synonymous with...more

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